Industry News
Experts: Fundamental Shift in Economy Propels Data Centers to Forefront of CRE Industry
By Meghan Hall 2020 produced both winners and losers in the commercial real estate industry, and with the sector flipped on its head,...
Report: Demand for Industrial Real Estate in East Valley Outpaces Supply
By Catherine Sweeney Industrial real estate in the Inland Empire’s East Valley finished strong in the first quarter of 2021, with demand far...
My Corona: A Retail Adaptation
By John Cumbelich The past year was a trial by combat in the scorched earth environment of the commercial real estate industry. The...
Santa Monica Multifamily Asset Sells for $39.5MM
SANTA MONICA, Calif., April 28, 2021 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale...
Roku Signs Lease for 72,000 SQFT at Colorado Center in Santa Monica
BOSTON — Boston Properties, Inc., the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today...
Essex Sells Two SoCal Apartment Communities for $162.5MM
By Jon Peterson San Mateo, Calif.-based Essex Property Trust has sold three apartment complexes in the state that are located in San Mateo...
DivcoWest Expands into Single-Family Rental Sector with $250MM Investment
By Jon Peterson San Francisco-based DivcoWest has joined the ever-growing crowd of institutional capital sources that are placing investment dollars in the single-family rental...
Syska Hennessy Group to Move West Coast Headquarters to FourFortyFour South Flower in Downtown Los Angeles
LOS ANGELES--The international engineering firm Syska Hennessy will move its West Coast headquarters and Los Angeles office to Coretrust Capital Partners’ FourFortyFour South Flower Street in downtown Los...
Regency Centers Secures $197MM Debt Package for 10-Property National Retail Portfolio
(EDITOR’S NOTE: According to sources familiar with the deal, there were two Southern California assets part of the portfolio: Navajo Shopping Center at...
Industry Experts Remain Hopeful Despite Losses to Los Angeles Office Market
By Catherine Sweeney In 2020, the Los Angeles office market faced its second worst year in losses, followed by the Great Recession in...
Rexford Industrial Leases 124,000 SQFT in San Fernando Valley
Calabasas, CA — Newmark Knight Frank (“Newmark”) announces it has negotiated a 123,974-square-foot lease at a high image industrial building in Pacoima, California...
Machine Investment Group Recapitalizes Hollywood Hospitality Portfolio With $208MM Loan Facility
Transaction Delivers New Funding to Complete Two Under-Construction Properties, the Thompson Hotel and the tommie Hollywood Hotel, and Recasts Previous Senior Loan NEW...
